Global Food Prices Rise 2.4% in March as Iran War Elevates Energy Costs
Vegetable Oils Lead Sharpest Increase (Image Credits: Unsplash) World food commodity prices climbed in March for the second straight month, with the United Nations Food and Agriculture Organization reporting a 2.4% increase in its Food Price Index to an average of 128.5 points.[1][2] Vegetable oils and sugar led the gains, fueled by higher crude oil prices linked to the ongoing war in Iran. Every major commodity group registered upward movement, highlighting vulnerabilities in global supply chains amid geopolitical tensions. Vegetable Oils Lead Sharpest Increase The vegetable oil price index jumped 5.1% to 183.1 points, extending its third consecutive monthly rise … Read more









